MSD has released an analysis that suggests up to 96% of the total ongoing economic cost of COVID-19 in markets in Asia Pacific is due to indirect costs, rather than direct healthcare costs.The report, titled A Neglected Burden: The Ongoing Economic Costs of COVID-19 in Australia, Taiwan, South Korea,...
Technological advancements such as the Internet of Things (IoT), artificial intelligence (AI), cloud computing and 5G, have made work and life simpler, easier, and more efficient. With these comes the possibility of ubiquitous connectivity across all rural and urban landscapes, so that the benefits of digitization can...
Google Cloud and the Ministry of Communications and Information (MCI) shared plans to collaborate to bolster Singapore’s national artificial intelligence (AI) vision and strategy.
Potential focus areas of this strategic partnership announced at Google Cloud Singapore Summit 2023 are aimed at supporting the adoption...
Plug and Play has announced plans to launch a new office in Kuala Lumpur, Malaysia to support the Future Malaysia Programme by sovereign wealth fund Khazanah Nasional Berhad.
Its primary responsibility will be to accelerate the growth of the innovation ecosystem in the country...
Google Singapore has announced several new initiatives to support more small and medium enterprises (SMEs) in their digital transformation. These include its Google Career Certificates (GCC) scholarship programme for SMEs, supported by Enterprise Singapore (EnterpriseSG) and SGTech. For a start, both organisations will help to award 15,000...
Salesforce has released data from its surveyof 1,001 workers in Singapore, which shows a gap in AI skills, despite a growing recognition of its importance.
Only 15% of Singapore respondents say they possess AI skills – even though 57% identified AI as among today’s...
The outlook for the global economy took a positive turn in the first half of 2023 as inflationary pressures began to ease, but ongoing geopolitical tensions and domestic challenges in key markets are slowing any return to sustained growth, according to a forecast from KPMG.According to KPMG's Global...
DHL and New York University's Stern School of Business have released the new DHL Global Connectedness Index 2022, an in-depth report on the state of globalization and its prospects.
Analyzing data from 171 countries and territories, it reveals how flows of trade, people, capital,...
Forming the backbone of the nation’s economy, Small and Medium-sized Enterprises (SMEs) are essential for Singapore and account for almost half (44%) of Singapore’s Nominal Gross Domestic Product (GDP), indicating the critical role they play in the country’s economic development. With over 288,000 SMEs in Singapore, SMEs...
The Monetary Authority of Singapore (MAS) and Bank Negara Malaysia (BNM) has launched a cross-border QR code payment linkage between Singapore and Malaysia. This payment linkage will allow customers of participating financial institutions to make retail payments by scanning NETS QR and DuitNow QR codes.
